Work to improve the rental potential and longevity of underlying income streams and secure capital growth from assets within the portfolio, whilst controlling operating costs.
Activity in 2020 |
- 24 asset management projects completed, on site or about to commence in the year, investing £8.1 million and generating £0.3 million of additional income.
- EPRA cost ratio reduced to 11.9% reflecting the full year benefit of the merger with MedicX.
- £2.0 million, or 1.6% additional income form rent reviews and asset management projects.
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Looking forward |
- Strong pipeline of over 80 potential projects being progressed.
- Continued discussions with occupiers to discuss requirements and identify new opportunities.
- EPRA Cost ratio should fall in the future following internalisation of management structure.
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Content sourced from 2020 Annual Report.